Pitti Engineering Ltd
PITTIENGPitti Engineering Ltd
PITTIENG
Price Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 50.25 | 11.68 | 0.10% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.32 | 7.35 | 0.45% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Pitti Engineering is engaged in manufacturing of electrical laminations and stampings
Peers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Carborundum Universal Ltd
Timken India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 313.50 | 288.97 | 383.26 | 630.05 | 528.74 | 542.04 | 977.58 | 1,132.62 | 1,266.86 | 1,345.80 | ||||||||||
Raw Materials | 217.90 | 191.50 | 248.75 | 403.60 | 447.35 | 346.93 | 694.26 | 781.43 | 800.41 | 1,102.95 | ||||||||||
| Power & Fuel Cost | 3.42 | 3.27 | 3.83 | 4.36 | 6.20 | 7.93 | 10.56 | 14.02 | ||||||||||||
| Employee Cost | 39.43 | 32.01 | 34.69 | 50.76 | 54.17 | 76.54 | 86.53 | 106.24 | ||||||||||||
| Selling & Administrative Expenses | 30.42 | 27.15 | 25.36 | 34.03 | 30.05 | 41.75 | 57.35 | 69.04 | ||||||||||||
| Operating & Other expenses | 1.28 | -1.57 | 13.21 | 44.93 | 6.15 | 8.05 | 27.53 | 51.22 | ||||||||||||
EBITDA | 21.05 | 36.61 | 57.42 | 92.37 | 81.39 | 98.54 | 149.05 | 169.22 | 225.93 | 242.85 | ||||||||||
| Depreciation/Amortization | 15.42 | 16.17 | 17.63 | 22.41 | 27.42 | 30.39 | 38.88 | 44.65 | 54.02 | 56.27 | ||||||||||
| PBIT | 5.63 | 20.44 | 39.79 | 69.96 | 53.97 | 68.15 | 110.17 | 124.57 | 171.91 | 186.58 | ||||||||||
| Interest & Other Items | 17.03 | 15.32 | 23.48 | 29.61 | 34.12 | 29.61 | 39.61 | 44.65 | 49.99 | 55.46 | ||||||||||
| PBT | -11.40 | 5.12 | 16.31 | 40.35 | 19.85 | 38.54 | 70.56 | 79.92 | 121.92 | 131.12 | ||||||||||
| Taxes & Other Items | -1.86 | 0.80 | 5.04 | 16.62 | 2.76 | 9.78 | 18.69 | 21.08 | 31.71 | 34.34 | ||||||||||
| Net Income | -9.54 | 4.32 | 11.27 | 23.73 | 17.09 | 28.76 | 51.87 | 58.84 | 90.21 | 96.78 | ||||||||||
| EPS | -3.53 | 1.60 | 3.97 | 7.95 | 5.42 | 8.97 | 16.18 | 18.35 | 28.14 | 30.19 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | 2.03 | 2.70 | 1.50 | 1.20 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.15 | 0.05 | 0.04 |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Pitti Engineering Ltd | 53.91 | 11.68 | 0.10% |
| Cummins India Ltd | 60.17 | 15.66 | 1.02% |
| Thermax Limited | 76.10 | 11.06 | 0.28% |
| AIA Engineering Ltd | 35.99 | 6.13 | — |
Price Comparison
Compare PITTIENG with any stock or ETFShareholdings
Promoter Holdings Trend
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Jul 2024
Shareholding History
Mutual Funds Holding Trend
No mutual funds holding trends are available
Top 5 Mutual Funds holding Pitti Engineering Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI INFRASTRUCTURE FUND DIRECT PL GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3866% | Percentage of the fund’s portfolio invested in the stock 1.75% | Change in the portfolio weight of the stock over the last 3 months 1.75% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 25/54 (+21) |
Aditya Birla Sun Life Pure Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8172% | Percentage of the fund’s portfolio invested in the stock 0.60% | Change in the portfolio weight of the stock over the last 3 months 0.60% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 72/86 (+11) |
Aditya Birla Sun Life Transportation and Logistics Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7746% | Percentage of the fund’s portfolio invested in the stock 2.34% | Change in the portfolio weight of the stock over the last 3 months 2.34% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 14/39 (+25) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
Cash Dividend
Ex DateEx DateSep 13, 2024
Dividend/Share
₹1.50
Ex DateEx Date
Sep 13, 2024
Past Dividends
Cash Dividend
Ex DateEx DateAug 11, 2023
Dividend/Share
₹1.20
Ex DateEx Date
Aug 11, 2023
Cash Dividend
Ex DateEx DateFeb 24, 2023
Dividend/Share
₹1.50
Ex DateEx Date
Feb 24, 2023
Cash Dividend
Ex DateEx DateSep 15, 2022
Dividend/Share
₹0.85
Ex DateEx Date
Sep 15, 2022
Cash Dividend
Ex DateEx DateFeb 18, 2022
Dividend/Share
₹0.40
Ex DateEx Date
Feb 18, 2022
Cash Dividend
Ex DateEx DateNov 17, 2021
Dividend/Share
₹0.40
Ex DateEx Date
Nov 17, 2021
Pitti Engg. announced that the 40th Annual General Meeting (AGM) of the company will be held on 20 September 2024.Powered by Capital Market - Live
Net profit of Pitti Engineering rose 47.10% to Rs 20.55 crore in the quarter ended June 2024 as against Rs 13.97 crore during the previous quarter ended June 2023. Sales rose 32.09% to Rs 382.78 crore in the quarter ended June 2024 as against Rs 289.79 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales382.78289.79 32 OPM %14.7214.64 - PBDT43.2031.74 36 PBT27.7918.59 49 NP20.5513.97 47 Powered by Capital Market - Live
Pitti Engg. will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live
Pitti Engineering - Acquisition Fuels Growth Through Expanded Capacity: DRChoksey
Pitti Engineering to acquire Dakshin Foundry for ₹153 crore
Pitti Engineering acquires Dakshin Foundry for ₹153 crore
Pitti Engineering raises ₹360 crore through QIP
Pitti Engineering completes QIP
Pitti Engineering hits 52-week high on robust FY24 profits, up 55% YoY
Pitti Engineering - Strengthening Market Position Through Strategic Acquisition, Growth Initiatives: DRChoksey
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 14.99%, vs industry avg of 10.74%
Increasing Market Share
Over the last 5 years, market share increased from 0.87% to 1.07%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 30.61%, vs industry avg of 23.12%